In zonal electricity markets, such as Europe's, system operators relieve congested power lines within bidding zones … using out-of-market measures. One such measure is "redispatching" power plants, i.e. increasing the output of one power … through voluntary markets. In this paper, we introduce a simple graphical model of a zonal spot market with a locational …

Analyzing price data from sequential German electricity markets, namely the day-ahead and intraday auction, a puzzling … underlying demand profile. As there is evidence that widespread models for electricity forward premiums are not applicable to the … market dynamics under analysis, a theoretical model is developed within this article which reveals that non-convexities in …

Electricity system operations are often affected by energy policies, but spatial differences in policy impacts are … difficult to model. We develop a method for estimating zonal supply curves in transmission-constrained electricity markets that … supply curves, each segment of which represents the influence of a particular fuel type on the zonal electricity price. Our …

This paper proposes a game-theoretic model to analyze the strategic behavior of inc-dec gaming in market … setup of two regions. We also benchmark market-based redispatch against grid investment, cost-based redispatch, and the … Vickrey-Clarke-Groves mechanism. The comparison highlights a significant inefficiency of market-based redispatch and inflated …